Loading...
HomeMy WebLinkAbout2021-02-16-H04A GO Lease-Purchase for Golf Course Rough Mower_Additional ActionAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: February 16, 2021 AGENDA ITEM:Consideration of approval of a resolution instituting proceedings to take additional action for the authorization and issuance of a General Obligation Lease Purchase Agreement in the amount of not to exceed $50,000 for the acquisition of golf course equipment FORMAT:Resolution SYNOPSIS INCLUDING PRO & CON: FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS:$47,750.00 COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY: Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: H4A RESOLUTION 2021- RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE AUTHORIZATION AND ISSUANCE OF A GENERAL OBLIGATION LEASE PURCHASE AGREEMENT IN THE AMOUNT OF NOT TO EXCEED $50,000 FOR THE ACQUISITION OF GOLF COURSE EQUIPMENT WHEREAS, pursuant to notice published as required by law, this Council has held a public meeting and hearing upon the proposal to institute proceedings for the authorization and the issuance of not to exceed $50,000 General Obligation Lease Purchase Agreement, for the purpose of paying costs of the lease or lease-purchase of golf course equipment, and has considered the extent of objections received from residents or property owners as to the proposal and, accordingly the following action is now considered to be in the best interests of the City and residents thereof: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF WAUKEE, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $50,000 General Obligation Lease Purchase Agreement, to evidence the obligation thereof for the foregoing purpose. PASSED AND APPROVED this 16th day of February, 2021. Mayor ATTEST: City Clerk